2012-12-01
2012-12-31
x china
x california

STATION
CNBC 24
CSPAN 21
CSPAN2 7
SFGTV2 7
MSNBCW 6
CNNW 4
KGO (ABC) 2
KOFY 2
KPIX (CBS) 2
KRON (MyNetworkTV) 2
WBAL (NBC) 1
WUSA (CBS) 1
LANGUAGE
English 97

Set Clip Length:


first but i'm listening to bob moo moan. what? union thuggery. >> bob: to say that the collective bargaining era is over, collective bargaining brought every worker in this country benefits that they would not otherwise have had. union people not with a strike mind and did it. from five-day work week to paid vacations to child labor laws, so kids wouldn't work in unsafe environment. all of those things. the guys can thank unions for. the idea to say there is an experiment. salmonella is an experiment. this is the basic heart of the american labor movement. it's crushed by this guy, this governor and this republican legislature. >> eric: salmonella is a bacteria. >> bob: that's what i'm saying. >> eric: 24 states in union, governor snyder signs the dock innocent law. 24 states are right to work states. >> greg: this is amazing to me that employers can force new workers to actually join a union. that is like the yankees' pitchers spotting the red sox five runs. this is arguing against choice, which makes no sense. then you have this violence, incredible violence that the unions, wil

and a hat for 38 bucks. >> add a cup of coffee and a hot dog. >> while we use the word trousers, bob pisani is here watching what's good morning, bob. >> happy monday, everybody. did you notice the market. nice rally here. again, the market is demonstrated that it believes a deal on the fiscal cliff is coming. i know. i didn't hear it over the weekend. headline risk was all anybody wanted to talk about on friday. if anybody says that a deal is not happening or it's going nowhere, we could wake up down 15 points on the s&p on monday. guess what? boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't kno

the fiscal cliff. this included chris van hollen. also, senators mark warner and bob corker, a republican from tennessee. this is one hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really pu

, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>

heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the doctor who prescribes it for you. stoppin

? cramer's got a stock that could make 2013 a year to celebrate. all coming up on "mad money." bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of underlying themes take tibco. back on december 5th, tibco did drop the ball. company preannounced a downside. credit where credit is due, they didn't make excuses. they said their sales force didn't do a good enoug

to republican senator bob corker. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. a lot of people are putting forth a theory and i actually think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. >> so senator corker, john, is part of a growing number of republicans who are saying that. let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on just how much the rates go up because senator joe biden indicated that as well. >> and m

that bob toll cited, 1.8 to 2.8 million households fewer since 2007 were formed and that's playing catchup. we should have the formation of those households unrolling now. >> i thought it was amazing. saying the optimism has to do with demographics and not the fiscal cliff. kimberly clarke talkeded abo ee decline in birth rates. i don't shop for diapers. >> i did. not long ago. >> are you out of it? >> tail end. >> such a nice thing. >> amazing statement by them saying, listen, not a lot of people are having kids. >> what about adult diapers? >> there is some household formation in the u.k. we'll get at least one new baby in the u.k. right? >> she's a smart person. i wasn't going sexist there. i know better than that. i'm not going over the sex cliff. >> she's fashionable. >> yes, she is. >> even i know she's fashionable. >> whatever she wears maternity wear, it will be a boost. >> does she go to gsw? i said that was discount. it's designer. and you've got to go there. >> there's one on 79th street. >> gorgeous store. you can go to whole foods and you can buy shoes. may i suggest you do th

. representative howard berman elected in 1982 and served 30 years from the 28th district. representative bob filner sworn in this month as mayor of san diego and served for 20 years. representative laura richardson served for five years from the 37th district. representative pete stark, outgoing dean of our delegation was elected in 1972 and served more than 40 wreers from the 13th district. representative lynn woolsey served for 20 years from the 6th congressional district. much kk said about the distinguished careers of our departing colleagues, but i would like to offer a few remarks of the work i have joined them during their time here in the congress. representative howard berman has served the house for 30 years and i was honored to name him among my closest friends in this body. during his service, he worked on a wide of variety of issues and known as a champion of human rights and standing up for middle class, working class and for the poor in our country. as chair of the foreign affairs committee from 2007 to 2008, mr. berman made great progress on behalf of the less fortunate. he w

's nothing. >> can you imagine a bob dole or george mitchell not getting that done? >> no. >> and the president did go to $400,000 on the tax level. i think it's clear he probably would go to $500,000, too. >> sure. >> the really important thing he did, he went along with the republican demands of entitlements on acola. that's a big deal. and means testing, affluent seniors for medicare. that's not as far as some are willing to go. >> it is, though. there is no doubt the president doing that, the white house is getting killed. >> by the left wing. >> by the left on -- and i think that really is the measure. they're getting killed. >> on acola. >> andrea, i creditized the white house a month or two ago about the president always talking about being courageous, but he was always courageous on the health care bill, on the stimulus, all these things that republicans weren't going to support anyway. but here it's significant. here talking about the cost of living adjustments. that's a lot of money over time. i thought boehner going to $1 million was significant as well. they've

, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> moments like this when everybody is terrifieda our economy coiled slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized against this slow economy. for instance biotech companies that can thrive even during a recession. because that's the typ

. could be the financial game from bob spartan head coach. >> a lot of people you can say legend about but bob is one of them. >> bob is the vince lombardi of high school coaches. he is the standard by which all others are measured. man who once guided a 151 game winning streak. coach has been the head coach here for 34 years and he will step down soon. >> had a good run witness. i have enjoyed every bit of it but i think it's time for someone else to do it. i don't know yetment i'll see probably after the season is over and see how i feel in but it will be this year or next yea. >>reporter: whether he leaves after the next game or next season he's really not going anywhere. assist anti-will be promoted and he will become an assistant. >> this isn't something that has been spur of the moment. this is something that has been planned so we are on track to keep the program intact where it is and strong and capable and that's what i have here with these coaches. >>reporter: as for tomorrow night open division championship the spartans come in at 14 and o. centennial is 14 and 1 a

't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> for weeks everybody's talked about the looming fiscal cliff like it's all important, like nothing else matters. but you know what's really important, too? corporate earnings. and we've been getting some pretty swell corporate earnings for this week. take jbl. when other companies outsource their operations, they go to jabil. this is a company that has its fingers in a lot of different cookie jars. they reported last night and the numbers are fabulous. they had a 5 percent earnings increase. the stock rose 7.4%, made jabil one of the largest movers. that's why i'm glad to have here mr. main. it was the most bullish in this conference call that i've heard you in i'd say eigh

's the chief of staff to governor bob macdonald. to denise northrop came from state of oklahoma where she is chief of staff to governor mary phalen and roxanne white is joining us from the great state of colorado where she's chief of staff to governor john hicken looper. and so their full bios are on the pamphlets and nare all very accomplished professionals in their careers. i'm going to ask roxanne to start and we can come down this way. >> great. first, thank you for the report. i think it provides a good framework for all of us as states to continue to look at the challenges facing us. we have been engaged in pension reform in colorado. our pension fund is about 69% solvent. we did major reform in the last administration. and we are now in court trying to defend that reform. our pension costs by 2020 will go to 22%. and so to give you a sense of how far behind we were as a state, if we lose in court and the battle is whether or not we as a state have a right to ratchet down the colas for our state employees, then we could see a need to go to 25% of compensation by 2020. so it's fairly

there are but to the regulations favor and how they impact everybody else. >> host: david rothkopf is our guest. bob in marina, california is the next caller. >> it is an honor to talk to you. i met you and some years back at the conference in monterey, california and i remember the educational challenges not only to reach the masses but also to educator the children of the superrich and that the blacks on route nadir at observation the only the superrich can save us. i would like to get an update on your take of the educational challenge we face by your analysis which i think is absolutely superb. you are really a beacon of light in the darkness for us all. >> host: >> guest: education is our biggest challenge, drive economic growth and we have an educational system that works on a model developed at the university of bologna in the year 800 where a guy stands in front of a rule of 800 and talk with them. and into every classroom using video and the internet. we need to recognize and education assistance designed for an agrarian era and give kids the summer of doesn't make sense and an educational system des

administration. that's coming up. >>> and bob costas strays from sports into a highly charged political debate. takes a little bit of heat on twitter about it. we're going to talk about that, too. you're watching "starting point. "we're back in just a moment. ♪ [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported ca

all she's got, and just like spock, they want you to live long and prosper. bob in florida, bob? >> caller: hey, big boo-yah to you, cramer. >> right back at ya. >> caller: first thing i want to do is thank you quick for all you do to demystify the market for people. >> that's my goal. thank you. >> caller: i'm guessing i'm not the only senior citizen living on social security that depends on a portfolio of dividend stocks as a supplement. i'd like to get your take on the future of the income stream that took me so long to create. with one stock in particular, windstream. >> i'm worried about windstream. and i read a lot of the analyst reports and they say, listen, you should be worried. when i have everyone telling me to be worried, i'm not someone who whistles past the graveyard. i say ain't worth it. >> sell, sell, sell. >> john in new york, please, john? >> caller: hey, how you doing, jim? i was wondering how you feel about nokia being that they signed on to china mobile. >> everyone's all of a sudden very excited about nokia. it's on a run. i understand a $3 stock can go to

#: 1-800-345-2550 well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> have you noticed that the experts may be pessimistic worrying about the fiscal cliff, but the global stock market may be on a tear? let's look at some of these numbers. this is great stuff. hong kong is up 19%. this is in the past year. german dax up 25%. the french cac up 11%. thailand up 43%. japan up 6%. year to date, the usa is up over 12%. that ain't bad. let's bring in our pal, jim iuor iuorio. you know, jim, it's turning out to be a very good year and it's turning out to be a very good year on a global basis. >> no doubt about it. but let's break it down. japan's stock market has rallied huge because of promi

? ruby's? i have to go -- i have to go recruiting. i'll give the phone to bob and you can ask him,k? thank you. hold on one second. [ laughter ] >> some people wants to have a drink with you, bob. >> turns out bob is married. >>> so is tom brady. much to the display of women everywhere. the 49ers beat the patriots in a huge showdown and brady is the hottest quarterback in football in more ways than one. brady has 29 touchdowns and a league low four interceptions this season. elizabeth, this is for you, by the way. he won his record-breaking 23rd play of the week award today and we don't have your attention by now, new england's 21-1 in december since 2007. add it up? he's an mvp contender again. >> if you had an mvp vote, who would you give it to? >> i don't have that vote. if i did that's a hypothetical. we don't answer hypotheticals at the patriots. belichick was stand up here and say you moron, why would you answer a hypothetical question like that? i sit there. he doesn't have to look so far. >> the only difference he can see when he played with you last five years ago is mor

and she's currently serving as a congressional fellow in the office of bob casy of pennsylvania focusing on the appropriations in budget for veterans and rebalancing services for future engagements but really what we're going to hear from her is an amazing story about the marine corps's activities in afghanistan and creating and promoting safe school environments for young girls and women. colonel barry newman is someone i met back in 2003. i at the time was chief officer for the city and county of san francisco serving in the administration of then-mayor willy brown. and general myat and i were talking about putting together a table top exercise and in came from some exercises from the marine corps and barry newman was a very energetic officer in the marine corps. he has gone over to afghanistan, i went over and saw him there, he was attached to the kabul police chief. i think he's going to have some interesting perspectives about working in the police department in a war zone. lieutenant commander patricia serrano, her assignments have been varied includes working as a immediate v

, bob costas uses a horrifying murder-suicide involving a nfl player to call for stricter gun control. appropriate use of his platform? our news watch panel weighs in. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesrisk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor rht away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious sideeffects. ♪ is your cholesterol at goal? alk to your doctor aut crestor. [ female anno

on the wealthy, the top 2%. listen now this is your colleague, senator bob corker of tennessee. you'll hear him use the word folks, we believe he's talking about his fellow republicans, such as yourself. take a listen. >> if there is a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end, a lot of people are putting forth a theory and i actually think it has merit where you go and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> senator snowe, i've read that you've expressed similar sentiments. do you sense more republicans moving in that direction? >> well, at least from the standpoint that, you know, it is possible that what could happen is that we pass the tax cuts for the middle class, that's what, you know, i've been -- get that off the table. we all agree on that. it is not an issue in disagreement. then you can focus on the top 2% of the american people who pay the top tax rates and, of course, entitlement spend

republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations between the president and speaker have fallen apart. you can't legislate with yourself. >>> republicans have bent over backward. we wanted an agreement, but we had no takers. >> washington scrambles to avert the fiscal cliff. >>> president obama has asked the congressional leaders to meet at the white house today. >> if they cannot reach a deal, the economists warn that could trigger another recession. >> are they going to avoid a fiscal cliff, eric? [ laughter ] as stormin' norman has died. he commanded the u.s.-led international coalition and forced saddam hussein's forces out of kuwait. >>> some of the same states are bracing for yet anot

boehner doesn't seem to have the power and grover does. >> the point, again, bob corker's pledge is not to me, it is to the voters of tennessee, that's the argument he's made again and again. if he wants to have a different conversation with the voters, that's his choice. >> why is corker the coolest man on earth? who does he play golf with? peyton manning. >> really? >> he's giving me all the big -- the minimum tax. i said, what are you up to this weekend? he said, i played golf with peyton manning. i said, are you kidding me? that seems to be more important to you than the fiscal cliff. >> 11-3? >> they still need home field advantage. >> they're competing for a first round play-off. what peyton has done is just amazing. steve liesman's exclusive with lacquer. one more look at futures this morning. we'll cover what 10% on squawk earlier today. and a lot more when "squawk on the street" comes right back. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 l

, bob. we did. got it. >>> if you notice unusual trades happening today, it might be because of those gentlemen. >> and ladies. >> they'll ring the opening bell. >> we'll tell you more about that in a couple of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to

with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the doctor who prescribes it for y

? i did. we did, bob. we did. got it. >>> good morning. it's 8:00 on the east coast. 5:00 a.m. on the west coast. time to wake up, everyone, as you take a live look at new york city. welcome back to "morning joe." back with us on set we have donny deutsch, mark mckinnon, and richard haass. >> let's start -- there's so much to talk about but, richard, let's start in egypt. absolutely fascinating. i think a lot of people across the world were so heartened by the democratic, we thought, perhaps uprising that was going on in egypt. certainly we all knew to overthrow a dictator of 30 years, even if he was an american ally, and now you have mohamed morsi behaving like, well, a dictator. and he's now got roughly 39, 40 political parties in egypt rising up against him. it is a mess. >> what you're seeing in places like egypt is the difference between democracy and majorityism. people like morsi win elections but winning elections is the easy part. the question is whether they can govern. the question is whether there's any tolerance for minorities, for multiple points of view. he di

. >> i'm a slutty bob hope. the troops love me. we have a big big hour and the iq will go way up. [ music ] >> this is the "full-court press," "the bill press show," live on your radio and current tv >> bill: alan saint pierre from norml is going to come on to talk about what happens now incomed and washington state other than a lot of people lighting up. what are the feds going to do? what are the states going to do? we will get to that in the next hour. heading toward here we are, december 7th, rounding out 2012 and, you know, at this time of year, everybody does lists. this is the list season. right? yahoo has started it by looking back the some of the finds yahoo has found what people were searching for obsessed by. the web life editor, heather cabot. >> thank you for having me. >> what are americans into this year? overall, when people came to yahoo as a search engine what were they looking for? >> i think you will be pleas antsly surprised -- pleas antsly surprised. this is the third time we have been putting together these lists, the top search was a n

been making a speech moments ago and telling a where senator bob dole like senator inouye, they recuperated in michigan and later served in the senate together, bob dole walked up to the casket and lifted his left hand, his right hand was badly damage and saluted. a poignant moment. president obama at the washington cathedral, it was his really earliest political inspiration. both the president and senate majority leader reflecting on daniel inouye both a long time legislator but two days they will be getting back to work on the fiscal cliff. >> heather: the difficult job of reporting from hawaii, thank you so much, ed. >> gregg: the mother of john hammer telling her son is now in a louisiana hospital. he was released from a mexican prison last week after months behind bars. mexican authorities arrested him after he carried an antique shotgun into their country, even though he says he legally declared the weapon and had a permit for it. today his dad reportedly brought him to the emergency room during their drive back together to florida. his family reported he had a stoma

. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on what that means. i think 98% of the people in our country can be assured that at some point over the next short period of time, their income taxes are going to be the same but this congress as you know has been more prepared than any to deal with the big issues our nation faces and what you're seeing is a lack of courage to deal with the spending issues. unfortunately, you know today the average american doesn't realize that there's 40% of government services that they're not paying for. only one-third of medicare is paid for by those people who actually use it and because there's been this charade going on, where the left and right basically have conspired together to shield the american people from the true cost of government, we really don't have any constituency here to help reduce spending because we have not

interesting conversations over the weekend was bob corker saying, let's just go ahead, concede to the tax argument, which would flip the entire spotlight onto entitlements, which is what republicans have been trying to get the discussion to be about over the last couple of weeks. >> when you hear about entitlements, why aren't they talking directly, you know, medicare part b koshcosts x, or medicare a, should cost this. the last thing a republican wants to do is say, look, i'm cutting back medicare. so, i mean, if you switch it to entitlements, suddenly everyone has to say, social security goes from 66 to 68. is that what we do? do we means test medicare? it is so much easier for grover who will be on cnbc, forget the fiscal cliff, i will come after you with both barrels. if you vote tax increase. what's more -- do they want to rise above a tax increase? no. do they want to rise above fiscal cliff? no. what they want it do is not rise above the radar screen of raising taxes. and grover is more powerful than a recession. i asked him point-blank on "meet the press," college chum, look, it d

. in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking w

to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending

that. i am very old now and then these things or in a situation when we were talking to bob -- excuse me, not bob. your first name, david. david, by the way -- he is even older than i am. i want to know what he is eating for lunch so i can have the same thing. david is retired and in good shape. he has a son who needs physical assistance with prescriptions and medical costs. it makes a difference. a grown son who still needs help. you take away a couple thousand dollars out of your pocket next year, it matters. it is about $270 a month. that is real money. look, the thing that the folks around this table represent -- every one of these people are hard-working people. what impressed me most about them was they are even more worried about people who are poor, more worried about people who are out there struggling to put 1 foot in front of the other. we focused on wha tthe tax increase would mean to them. but it would also mean a great deal to the economy as well. it is estimated that this tax cut for the middle-class, if not passed, there will be $200 billion taken out of the economy ne

. next up on california. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> california's renewable energy mandate actually requires more investment in fossil fuels. that makes everything more redundant and expensive. it's all propelling more people out of california. they're going to nevada, arizona, texas. they're going everywhere except cal. here's michael reagan, political consultant and author of the new reagan revolution. thanks for coming back on. it doesn't have to be this way. this is the most screwed up state in the country. >> and then t

, everybody, the best thing to watch this month, and bob pisani pointed this out. the transportation stocks have been very strong. china has been strong. mandy, you know, japan has been strong, and the banks have been strong. to me there's an underlying strength to the market when some of the bodyguards have been doing well so i think the market wants to do better. that having been said the fiscal cliff will turn out to be not a maxi deal but a mini deal and will clip the economy not by 1% but a 2% and a 60% chance something will get done but that's where we come out on it right now. a little bit harder hit to the economy. >> don't adjust your sets, everybody. this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization

than in last year's survey. the highest-paid was bob kerrey who was president of the new school and the york and sold december 2010. the bay area's there waiting in the new year is coming up. it will do most spectacular fireworks party hosted by catherine heenan and gary radnich we will be right back.

even beyond their wildest dreams. abc's bob woodruff has the story. >> reporter: 32-year-old gabriel posey, a staff sergeant in the army, just returned from the sands of afghanistan. but now here, in los angeles, he's about to get a huge surprise. what he knows is that he's been matched up with a mentor to help him get a start in the field he's dreamed about much of his life, screen writing. what he doesn't know is that his mentor is one of the biggest names in hollywood. >> your brothers were killed in combat. >> this is one of the great things about people in the military, they're good at solving problems. those people are worth their weight in precious metals. >> what will be the number one thing you'll tell him about getting into the film industry? >> okay. you have got to say i know who i am, i know what my kills are, and i'm in this for the long haul. perseverance. it all comes down to that. >> reporter: i told gabriel his mentor wasn't well known. just someone with connections. i lied. i'm going to show you who this is. i think you'll be very happy. >> oh! wow! no way. i love

and two 1,000-yard rushers. bob lattice talked about retiring after 24 years at the helm. 21-0, sparts. and then austin lonestar. 13535-14 spartans. centennial has a great offense but couldn't get any closer than 14. de la salle, division state champions for the fourth straight year, 48-28 your final. >> division iii marks rein catholic and maddison. the quarterback headed to cal. out to handley, wildcats up 35-31, maddison answers, preair cormier, and this kid is strong. 79 yards. mad -- mad disson with the vic. >> we'll take a brief time-out. the warriors return with a the warriors return with a franchise record number of you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the fami

. no reason given. they have hired them, which is another, hmm, wonder what they're up to kind of move. bob pisani is on the floor with what's moving today. >> we're up 24 points in the dow. and a lot of people think a grand bargain is impossible at this point. but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the extra week that there is. number two, we've had much lower cotton costs this year. their overall costs are lo

in all of this and that is from bob costas, veteran sportscaster who made some personal comments in quoting someone else. he talked about his own feelings on gun control. i want to play that for you and get your thoughts because we got a lot of feedback on this morning. >> you want some actual perspective on this? a bit of it comes from the kansas city based writer jason whitlock who i always do not agree but today said it so well we may quote and paraphrase from the end of the his article. our current gun culture whitlock wrote insures more and more domestic disputes will end in the ultimate tragedy. more convenience stores and con fromtation will leave teenage boys bloody and dead. they bait us into embracing confrontation rather than avoiding. in the coming days javon belcher's actions and their possible connection to football will be analyzed who knows but here, wrote jason whitlock, is what i believe if javon belcher didn't possess a gun he and casandra perkins would both be alive. martha: what do you think about that? should he have gone there? >> well, he is allowed to hav

we're willing to go book to 39.6%, as bob corker said over the weekend? is it helpful? >> i think it is hopeful for the republicans on the revenue side we're willing to move. i believe in capping deductions. bowles-simpson is bipartisan proposal. "gang of six" senators, three democrats, three republicans. they didn't raise rates. they capped deductions to. raising rates is partisan political trophy for obama. i don't want to go down that road only if they do entitlement reform. i don't hear any democrat of note hering what i would do on the entitlement side. if i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that is what happened over the weekend. seems like over the weekend it dissolved into accepting of raising tax rates. the president said there is no deal unless i get that. that is what i ran on. american people are expecting that. >> here is where th

member the president said in a debate, the debate, he said that i didn't come up with this. then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction in the debt so that we don't become a country that looks like greece. [talking over each other] gregg: capitol hill and pennsylvania avenue, maybe they just think 16 trillion, 25 trillion, who cares. maybe they don't think it has a depressive effect on economic growth, and soaking up the credit markets, which women's businesses. >> that's exactly right. we don't have to wonder what this will go by. all we have to do is look over the pond and see what's happening in countries like greece and italy and spain an

, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the santa claus run in budapest, hungary. they did their best to keep moving in below freezing temperatures. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great yea

hagel is the president's top pick for defense secretary. and that -- that would be replacing bob gates. that would have left senator john kerry out of luck because u.n. ambassador susan rice was in line for the state department post. and then this bombshell... >> good day. we're coming on the air right now to break exclusive word that the united states ambassador to the united nations ambassador susan rice, has transmitted word to the president of the united states that she is withdrawing her own name from any future consideration for nomination to become perhaps the next secretary of state. >> jennifer: wow! and then president obama in response to her letter, released a statement saying... >> jennifer: he is, of course, referring to the relentless attacks from republicans who suggested that she purposely misled the country about the benghazi attack that killed ambassador christopher stevens. joining me now is bill press. he's most of current tv's "full court press." he's author of "the obama hate machine." the lies,

the tremendous service and career of bob morton. a 22-year veteran of the washington state legislature who recently announced that he was going to be retiring at the end of the year. he was first elected to the house in 1990 and then he was appointed to the senate where he currently represents the seventh district, including stevens, and parts of spokane county. he owned a small logging business and ran cattle while also preaching at his local church and serving the community. but bob is not just an outstanding legislator for eastern washington, he's also a close friend. a mentor and the reason that i got into politics and public service in the first place. as an elected official i've worked with him on countless issues and his advice and friendship has been invaluable. he's recognized for his leadership and knowledge, good forest management, no one knows western water law better than bob and he's participated in most of the negotiations over washington water law. bob and his wife linda have five children, 11 grandchildren and i know they're looking forward to spending more time with them

. leading that team will be bob of boston and bill brad headed both new york city and los angeles police departments. no. 2, return to neighborhood policing. 5 distinct police district two in east oakland each of the 5 headed by captain and lieutenant. >> it's critical for us economically and critical for every day citizens. everyone needs to feel safe. >>reporter: all of this falls on the heel of federal judge decision to have a compliance director oversee the oakland police department. move was made after the department failed to meet the deadline of court ordered reform. chef jordan stressed that the plant they work to put in place for early 2013 is part of pro active decision made by him back in april. he also made it clear how bill brad and his team will fall within the city's chain of command. >> they will be reporting to me and the mayor and mr. santana as group. >>reporter: group will give the chief recommendations but it will be up to the chief to carry them out. now all of this comes at a cost. the city will be presentd with proposal to pay the think tank 250,000 doll

was senator bob corker. here is what he had to say. [video clip] >> realizing that we do not have a lot of cards when it comes to the tax issue before the end of the year. it will leave the presidency and the senate in the hands of the democrats. many people are putting forward a theory that has merit where you go against the president with a 2% increase on the top 2%. all of a sudden the shift goes back to entitlements. all of a sudden once you give him that tax rate, lesser that what he has been talking about, the focus shifts to entitlements and puts us in a place where we can actually do something to save this nation. i am actually beginning to believe that that is the best route for us to take. host: senator corker, saying that there are more republicans willing to do that. you heard him lay out the strategy there. lots of debate in washington about who should give and how much. we are asking you to weigh in on that conversation and tell us what you are willing to sacrifice. this comes from a piece from a few days ago, from "national journal magazine." it is about americans not wil

, bob. we should let our viewers know, they might recognize you, you were on "fox & friends" three times in the past couple of years. >> three times. >> alisyn: when you were talking about work to help vets you didn't share were you in the middle of a crisis. take us back to three years ago, were you in china and your wife called. christy called and said there had been an accident and first didn't think it would be that bad and word came in that it was very serious. and we arranged a series of conference calls with the doctors and at one point, the doctor said to me, i asked her, how, what she thought was going to happen she couldn't tell, she couldn't guarantee he would live another 15 minutes. at that point i asked both of my brothers to find a catholic priest to give bobby the last rites. >> alisyn: bobby, do you remember the accident? >> no, i don't. no recollection at all. >> alisyn: what's the first thing that you remember afterwards? >> first thing i remember afterwards was waking up in the hospital. >> alisyn: and of course, shocked that you knew that your life was forever change

policy institute. we have bob packwood from oregon, the former chairman of the senate finance committee. we hope to get your thoughts. the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have about an hour to an hour half.fa i would direct the conversation as best i can. we're talking now about the other very small issue in this debate, and that is tax policy and how best to put the nation on a sustainable fiscal path and incorporate changes in tax policy to get there. the question of revenue, how much, where to get it, the options on the table, and like all your thoughts, they need some ideas. both sides need this to bridge this gap because right now we appear to be a stalemate. i will turn it over to john podesta to get your thoughts. knowing that john has to live, and the center for american progress has come up with ideas, and, john, maybe you would like to weigh in on some of those, and your thoughts on this debate. >> peter, following up on this morning's session, in order that a balanced approach, w

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